Tax Relief on Pension Contributions Explained

Published on 05/02/2022

Do you want to know about the tax relief on pension contributions? Click through to see how you can maximise tax efficiency by contributing to a pension scheme.

Tax on Airbnb Income in the UK – How Does it Work?

Published on 29/01/2022

If you’re looking to tap into this market or currently earn an income through Airbnb or a rental property, it’s important that you understand the tax implications.

Letter from HMRC about Overseas Assets, Income or Gains

Published on 22/01/2022

Have you received a letter from HMRC about overseas assets, income or gains? If yes, read on to find out what you should do next.

Making Tax Digital (MTD) for VAT Changes from April 2022

Published on 15/01/2022

MTD for VAT changes include mandatory requirements for all VAT-registered businesses to file VAT returns digitally through MTD, regardless of turnover.

Self-assessment Filing Deadline for 2021 has been Extended by a Month (28 February 2022)

Self-assessment Filing Deadline has been Extended by a Month (28 February 2022)

Published on 08/01/2022

HMRC has waived late filing and late payment penalties for self-assessment taxpayers by one month, effectively delaying the Self-assessment filing deadline to 28 February 2022.

Covid-19 Grant Payments – What Do You Need to Declare on Tax Return?

Published on 24/12/2021

Covid-19 grant payments must be declared on the 20/21 tax return & HMRC is reminding SA customers about the same during this tax return season.

Residence Nil Rate Band (RNRB) – How Does it Work?

Published on 18/12/2021

Residence Nil Rate Band (RNRB) was introduced in 2017 with the aim of protecting the family home from IHT. Learn all about it!

2% Digital Tax on UK-based Crypto Exchanges Has Been Confirmed

Published on 04/12/2021

Digital Tax on Crypto Exchanges has been confirmed by HMRC in their latest update as cryptocurrencies such as Bitcoin are not commodities or money.

State Pension Increase: How Much Will Pensions Rise in 2022

Published on 27/11/2021

In April 2022, the state pension amount will increase by 3.1% for the tax year 2022/23. Click through to learn all the details.

Staff Christmas Party Tax Rules: Are Christmas Party Expenses Tax Deductible?

Published on 20/11/2021

As an employer providing staff Christmas party for your employees, you have certain National Insurance & reporting obligations. Read all the details here!

Tax